(a) The first term of an Arithmetic Progression (AP) is 8, the ratio of the 7th term to the 9th term is 5 : 8, find the common difference of the AP. (b) A trader bought 30 baskets of pawpaw and 100 baskets of mangoes for N2,450.00. She sold the pawpaw at a profit of 40% and the mangoes at a profit of 30%. If her profit on the entire transaction was N855.00, find the (i) cost price of a basket of pawpaw ; (ii) selling price of the 100 baskets of mangoes.
Explanation
(a) (b) Let : the cost price of a basket of pawpaw be w; the cost price of a basket of mangoes be m. Then Also, let : The selling price of the baskets of pawpaw be ; the selling price of the baskets of mangoes be . Then %age profit on the sale of pawpaw = i.e. %age profit on the sale of mangoes = i.e. But From (1), Substitute in (3) (i) Hence, the cost price of a basket of pawpaw = N40.00. (ii) From (2), = Hence, the selling point of 100 baskets of mangoes = N1,625.00.